New Naira Notes: CBN pledges to assist INEC

The Central Bank of Nigeria (CBN) says the naira re-design won’t affect the 2023 general election, as it will provide the required cash and other support needed for the smooth conduct of the poll.

The CBN Governor, Godwin Emefiele, said this when he received Mahmood Yakubu, the chairman of the Independent National Electoral Commission (INEC) and his management team in Abuja on Tuesday.

Mr Emefiele said that the CBN had always been supportive of INEC in whatever way possible to ensure that it delivered on its mandate of ensuring hitch-free elections.